The logo of Trillian Capital, an asset management company linked to the Gupta-family.
JOHANNESBURG - The major shareholder in Trillian Capital has sold his stake in the company.
The advisory firm has announced a new ownership structure that will see Salim Essa sell his entire stake to one of Trillian’s partners.
Trillian, a Gupta-linked company, came under fire after it was reported it had received almost half a billion rand in payments from Eskom, apparently as a subcontractor to McKinsey.
McKinsey has denied there was any such arrangement.
In a statement, Trillian denies any wrongdoing and says media reports have had a negative impact on its ability to operate optimally.
Parliament has been probing the matter in preparation for an inquiry into state capture.